Author Question: A multiplant firm has equated marginal costs at each plant. By doing this A) profits are ... (Read 56 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
A multiplant firm has equated marginal costs at each plant. By doing this
 
  A) profits are maximized.
  B) costs are minimized given the level of output.
  C) revenues are maximized given the level of output.
  D) none of the above

Question 2

The potential for redistribution cannot be exaggerated.
 
  Indicate whether the statement is true or false



mk6555

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

B

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

For a complete list of videos, visit our video library